Siemens 2017 - employer of choice and reliable partner

The Company
2nd Quarter I 2017
© Siemens AG 2017. All rights reserved.
siemens.com
Disclaimer
This document contains statements related to our future business and financial
performance and future events or to developments involving Siemens that may
constitute forward-looking statements. These statements may be identified by words
such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,”
“estimate,” “will,” “project” or words of similar meaning. We may also make forwardlooking statements in other reports, in presentations, in material delivered to
shareholders and in press releases. In addition, our representatives may from time to
time make oral forward-looking statements. Such statements are based on the current
expectations and certain assumptions of Siemens’ management, of which many are
beyond Siemens’ control. These are subject to a number of risks, uncertainties and
factors, including, but not limited to, those described in disclosures, in particular in the
chapter Risks in Siemens’ Annual Report. Should one or more of these risks or
uncertainties materialize, or should underlying expectations not occur or assumptions
prove incorrect, actual results, performance or achievements of Siemens may
(negatively or positively) vary materially from those described explicitly or implicitly in the
relevant forward-looking statement. Siemens neither intends, nor assumes any
obligation, to update or revise these forward-looking statements in light of developments
which differ from those anticipated.
This document includes supplemental financial measures – not clearly defined in IFRS –
that are or may be non-GAAP financial measures. These supplemental financial
measures should not be viewed in isolation or as alternatives to measures of Siemens’
net assets and financial positions or to the results of operations as presented in
accordance with IFRS in its Consolidated Financial Statements. Other companies that
report or describe similarly titled financial measures may calculate them differently.
Due to rounding, numbers presented throughout this and other documents may not add
up precisely to the totals provided, and percentages may not precisely reflect the
absolute figures.
© Siemens AG 2017
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Our founder
Werner von Siemens
1816 – 1892
Werner von Siemens was a responsible entrepreneur and far-sighted
inventor whose name soon became a household word around the world.
Far ahead of his time, he recognized and fostered the link between
science and technology.
“In my youth, I dreamed of founding an enterprise of world
standing comparable to that of the Fugger dynasty …”
Werner von Siemens, 1887
© Siemens AG 2017
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Second quarter of fiscal 2017 – Key figures
Key figures for Siemens (Q2 2017 | Q2 2016)
(Continuing operations; in millions of €
except where otherwise stated)
Q2 2017
Q2 2016
Change in %1
Volume
Q2 2016
738
812
Liquidity
22,629
20,219
Orders
Revenue
22,294
18,996
Free cash flow2
1%
5%
Employees (in thousands)
income2
Return on capital employed
(ROCE)2
Sept. 30, 2016
351
113
238
Total
Profitability and capital efficiency
Net
Q2 2017
1,483
13.3%
1,480
14.9%
0%
Germany
Outside Germany
1 Portfolio changes and currency effects adjusted 2 Continuing and discontinued operations
Results of operations (Q2 2017)
Industrial Business
Building
Digital Factory Energy
Technologies
Management
Mobility
Power
and Gas
Process
Industries
and Drives
Wind Power
and
Renewables3
Healthineers4
Financial
Services
(SFS)
(in millions of €)
Orders
Revenue
Profit
Profit margin
1,632
1,604
235
14.7%
2,864
2,706
482
17.8%
3,558
2,996
225
7.5%
3 for the last time reported as a Division, as of Q3 2017 Siemens Gamesa Renewable Energy
2,151
2,022
213
10.5%
4 Separately managed
3,855
4,104
461
11.2%
5 Income before income taxes
2,299
2,185
134
6.1%
3,142
1,516
155
10.3%
3,369
3,441
588
17.1%
2075
26.3%6
6 Return on equity (RoE)
© Siemens AG 2017
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Fiscal 2016 – Key figures
Key figures for Siemens: Fiscal 2016
(Continuing operations; in millions of €
except where otherwise stated)
Fiscal 2016
Fiscal 2015
Revenue by industrial business
Change in %
Volume
86,480
79,644
Orders
Revenue
82,340
75,636
5%
5%
Return on capital employed (ROCE)1
Process Industries
and Drives 11%
Digital Factory 13%
Profitability and capital efficiency
Net income1
Healthineers 17%
5,584
14.3%
7,380
21.0%
(24)%
Mobility 10%
Power and Gas 20%
Wind Power and
Renewables 7%
Energy
Management 15%
Building
Technologies 8%
Not included: Financial Services (SFS)
Liquidity
Free cash flow1
5,476
Employees (in thousands)
Sept. 30, 2016 Sept. 30, 2015
351
113
238
Total
Germany
Outside Germany
4,674
Revenue by region
Asia, Australia 19%
348
114
234
Europe, CIS2, Africa,
Middle East
(without Germany) 39%
Americas 29%
Germany 13%
1 Continuing and discontinued operations
2 Commonwealth of Independent States
© Siemens AG 2017
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Global presence
Share of total
worldwide
Americas
Revenue1
Employees2
€22.7 billion
29%
72,600
21%
Share of total
worldwide
Germany
Revenue1
Employees2
€10.7 billion
13%
113,400
32%
Europe (excluding Germany),
CIS3, Africa, Middle East
Revenue1
Employees2
€31.1 billion
39%
102,300
29%
Share of total
worldwide
Asia, Australia
Close to customers
all over the world
Revenue1
Employees2
Share of total
worldwide
€15.1 billion
19%
62,700
18%
1 by customer location
2 as of September 30, 2016
3 Commonwealth of Independent States
All figures refer to continuing operations.
© Siemens AG 2017
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Megatrends – Challenges that are transforming our world
Digitalization
In the future, we’ll be living in a world that’s
increasingly interconnected by complex and
heterogeneous systems. By 2020, the amount
of data stored worldwide will have grown to
44 zettabytes. Around 50 billion devices will be
linked online.
Source: IDC, The Digital Universe of Opportunities: Rich Data and the Increasing Value of the Internet of Things, April 2014; Dave Evans (Cisco): The Internet of Things, How the Next Evolution of the Internet Is Changing Everything, April 2011
© Siemens AG 2017
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Megatrends – Challenges that are transforming our world
Globalization
Global competition is impacting productivity
and production locations. In 2015 the
estimated gross domestic product was
approximately US$ 73.2 billion.
Source: UNCTAD Statistics, Values and shares of merchandise exports and imports from 1948 to 2014, November 10, 2015
© Siemens AG 2017
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Megatrends – Challenges that are transforming our world
Urbanization
In 2050, nearly 70 percent of the global population
will be living in cities (up from 54 percent today).
Each year, the world’s cities grow by about 50
million people. As a result, metropolitan areas are
increasingly investing in infrastructure.
Source: United Nations, World Urbanization Prospects. The 2014 Revision, New York, published 2015
© Siemens AG 2017
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Megatrends – Challenges that are transforming our world
Demographic change
By 2050, the global population will have grown
from the current level of 7.3 billion to 9.7 billion –
and needs will rise accordingly. Back in 1950,
there were only 2.5 billion people on the planet.
In addition, average life expectancy will have
risen from today’s figure of 73 years to 83 years
by 2050.
Source: United Nations, Department of Economic and Social Affairs, Population Division (2015). World Population Prospects: The 2015 Revision, Key Findings and Advance Tables. Working Paper No. ESA/P/WP.241; Statista: World Population, 2016
© Siemens AG 2017
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Megatrends – Challenges that are transforming our world
Climate change
According to scientists, in the summer of
2015, the Earth’s atmosphere had the
highest CO2 concentration in 800,000
years. In 2015 the UN Climate Change
Conference in Paris resolved to limit
global warming made by humans to well
below 2°Celsius.
Source: SCRIPPS INSTITUTE OF OCEANOGRAPHY, “The Keeling Curve”, November 11, 2015
© Siemens AG 2017
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Milestones of a 170-year history
1816 – 1892
Company founder,
visionary and inventor
Werner von Siemens
1866
1959
1983
2012
The dynamo makes
electricity part of
everyday life
SIMATIC makes
Siemens a leader in
automation technology
First magnetic resonance
imaging scanner goes
into operation
Test operation of the
world’s largest rotor for
offshore wind turbines
Siemens innovations over the past 170 years
1847
1925
1975
2010
2016
Pointer telegraph
lays the foundation
of Siemens as a
global company
Siemens electrifies
the Irish Free State
with a hydroelectric
power plant
Breakthrough of
high-voltage direct
current (HVDC)
transmission
TIA Portal takes
automation a stage
further
World’s most
efficient combined
cycle power plant
© Siemens AG 2017
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Our claim “Ingenuity for life”
“Ingenuity” stands for innovation, engineering and genius.
For us, it also includes unity: We are united in our efforts,
and we are committed to partnering with our customers.
“For life” relates to our role in society: to make real what
matters.
“Ingenuity for life” is therefore our unrelenting drive and promise
to create value for customers, employees and society.
© Siemens AG 2017
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What we stand for – Our mission
© Siemens AG 2017
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Vision 2020 – our company’s strategy program
Value
Scale up
Strengthen core
Drive performance
Foster ownership culture and leadership based on common values
2015
Strategic
direction
Operational
consolidation
2016
Optimization
2017
2018
2019
2020
Accelerated growth
and outperformance
© Siemens AG 2017
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Vision 2020 – Our focus is E-A-D –
and there is strong growth in “D”
Revenue FY 2016
Digitalization
 Leader
Siemens software
~€3.3bn
Market CAGR
FY17-20
Strategic direction
Digital services
~€1.0bn
~+8%
Cloud data platform: MindSphere
Strengthen leadership
by combining software,
platforms & services
+12 %1
Enhanced
automation
Automation
 Global #1
~€18bn
Electrification
 Leader
Enhanced
electrification
~€42bn
Note: Figures based on Industrial Business
Classic services
~€17bn
+3-4%
Expand #1 position
and utilize for
digitalization
+1-2%
Differentiate through
enhanced offerings with
automation & digitalization
1 Growth FY15 to FY16, rebased
© Siemens AG 2017
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Strengthen portfolio: We’re sharpening our business focus
in electrification, automation and digitalization
Digitalization
• Added value for our customers increasingly lies in software solutions and
digital services and platforms
• We want to exploit the opportunities offered by digitalization even better
Automation
• In automation we’ve already captured leading market positions worldwide
• We’ve been successfully automating customer processes for years
• We intend to maintain and expand these positions
Electrification
• Our roots are in electrification. We’re a leader in this field
• We’re well positioned along the value chain of electrification
• We’re capitalizing on a growing installed base and creating customer
value through profitable service business
© Siemens AG 2017
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Vision 2020 – Clear intents for our seven overarching goals
GOAL
1
2
3
4
5
6
7
INTENT
KPI
Implement stringent company governance with effective support functions
Live lean governance and
drive continuous optimization
€1bn cost savings by FY 2016 achieved,
continued productivity of 3-5%
Strengthen
portfolio
Sharpen our business focus in
electrification, automation, and digitalization
Tap growth fields
Execute financial
target system
Grow our company value
Expand global
management
Get closer to our customers
and markets
Be a partner of choice
for our customers
Foster an intimate and trusting partnership
with our customers
Be an employer
of choice
Unleash the full potential
of our people
> 75% approval rating in “leadership”
and “diversity” in SGES
Foster
Ownership Culture
Ignite pride and passion for Siemens,
through a new mindset and equity ownership
≥ 50% increase in number
of employee shareholders
> 8% margin in underperforming businesses
15-20% ROCE
Growth > most relevant competitors
> 30% of Division and BU management
outside Germany
1
≥ 20% improvement in Net Promoter Score
© Siemens AG 2017
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Innovation is our lifeblood
Investment in research and
development
R&D expenditures1
R&D intensity1
R&D employees
(worldwide)1
€4.7 billion
5.9%
33,000
Inventions and patents
Inventions1
7,500
Patent first filings1
3,500
Patents granted
as of September 30, 2016
60,000
University partnerships
Center of Knowledge
Interchange (CKI) universities1
Principal Partner universities1
9
16
1 in fiscal 2016
© Siemens AG 2017
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Innovation – our digital portfolio
Design & engineering
Siemens Software
Automation & operation
Maintenance & services
Siemens Digital Services
Sinalytics Apps
MindSphere – the IoT operating system
Digitally enhanced Electrification and Automation
© Siemens AG 2017
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The next generation of innovation –
A separately managed unit for startups
Collaboration with startups
Capital volume
€1 billion
for five years
In October 2016, Siemens set up a
separate unit to foster disruptive ideas
more vigorously and to accelerate the
development of new technologies.
The unit’s name, next47, plays on the
fact that Siemens was founded in 1847.
We are using next47 to pool our existing
startup activities.
Cooperate
Invest
Found
Selected innovation fields
Distributed
electrification
Artificial
intelligence
Connected
(e-)mobility
Autonomous
machines
Block-chain
applications
© Siemens AG 2017
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Being an employer of choice
Siemens invests
about €500 million
each year in the
training and
education of
employees.
Siemens’ Europeans@Siemens program
enables more than 100 young people from
EU countries as well as Turkey, Egypt,
Algeria, Morocco and South Africa to
participate in work-study programs in
Germany in the fields of electronics and
mechatronics.
165,000 Siemens employees
own company shares and are thus
co-owners of the company.
In FY 2016, 6,735 young
Siemens employees were
enrolled in work-study
programs that combine
academic learning with
practical experience.
© Siemens AG 2017
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Sustainability is a key enabler of Vision 2020
Environment
We make real what matters by enhancing responsible
business practices, preserving the environment and
developing people and society.
http://www.siemens.com/global/en/home/company/sustainability.html
• Resource conservation
• Product stewardship
• Decarbonization
Decarbonization
• Environmental Portfolio helped our
customers to reduce their CO2-footprint by
521 million tons in FY16
• Siemens aims to become carbon neutral by
2030
Responsible Business Practices
People and Society
• Sustainable Supply Chain
• Human Rights
• Compliance
• Diversity
• Education
• Corporate
Citizenship
• Business to Society
• Health & Safety
Compliance System
• Effective prevention, detection, and response to
compliance violations (Zero tolerance principle)
• The >100 Mio. US$ Siemens Integrity Initiative
supports clean business worldwide
Health & Safety
• Our goal: Every
employee should rely on
an intact and safe
working environment to
return healthily and
safely to their family and
friends
• Programs:
Healthy@Siemens and
Zero Harm Culture
© Siemens AG 2017
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Sustainability – Siemens aims to be net-carbon-neutral by 2030
We are investing over €100 million in measures
to reduce our carbon footprint
2.2
million
tons CO2
1.7
-50%
-100%
million
tons CO2
Drive energy-efficiency program
Increase energy efficiency in factories, employ sustainable
technologies in new buildings
Leverage distributed energy systems
Reduce energy costs and CO2 emissions
Reduce fleet emissions
Utilize potential of low-emission cars in fleet, including
electromobility
Electricity
Purchase green energy
Move toward a significantly cleaner power mix with a
strong focus on renewable energy and highly efficient gas
Heating /
Process heat
Fleet
Other
2014
2016
2020
2030
Independent auditors will monitor and report
on progress of implementation
© Siemens AG 2017
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Sustainability – Corporate Citizenship:
Embracing our responsibility to society
Our social commitment takes many forms,
including donations, foundations, disaster
relief, employee volunteering activities,
sponsorships and educational programs.
www.siemens.com/global/en/home/company/sustainability/
corporatecitizenship.html
Supporting refugees is part of
our responsibility to society. For
example, we offer professional
orientation through internships,
provide accommodations, make
donations and hold preparatory
classes for young refugees.
Since 2008, we have reserved 10 percent
of our apprenticeships in Germany for
disadvantaged young people. Vocational
training and integration are key enablers for
overcoming social exclusion. About 90
percent of these trainees complete their
courses successfully.
We train employees locally.
In India, for example, we plan
to train 108 apprentices a year.
In Egypt, we are building a
training center for employees
and customers. In South Africa,
we built and equipped the Mandela
School of Science & Technology.
© Siemens AG 2017
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Vision 2020 – Five elements create Ownership culture
Values – Our foundation
• Responsible
• Excellent
• Innovative
Equity
Supports a sense of
long-term, output
and profit orientation
Behaviors
Ownership
culture
People orientation
• Empowerment and trust
• Honesty, openness and
collaboration
• Respect
• Focus
• Initiative and execution
Leadership
• Be bold, decisive and courageous
• Exemplify “Siemens matters”
• Motivate and engage
© Siemens AG 2017
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Management | Managing Board of Siemens AG
Joe Kaeser
Roland Busch
President and Chief
Executive Officer
Chief Technology
Officer
Governance and
Markets
CIS1
Americas
Africa
Middle East
Power and Gas
Europe
Building Technologies
Power Generation
Services
Digital Factory
Communications
Legal and Compliance
Mobility
Lisa Davis
Klaus Helmrich
Janina Kugel
Cedrik Neike
Michael Sen
Chief HR Officer
next47
Process Industries
and Drives
Human Resources
Ralf P. Thomas
Chief Financial Officer
Asia, Australia
Global Services
Energy Management
Healthineers2
Siemens Gamesa
Renewable Energy2
Controlling and
Finance
Financial Services
Corporate
Development
Corporate Technology
1 Commonwealth of Independent States; 2 Separately managed
© Siemens AG 2017
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Management | Divisions
Willi Meixner
Tim Holt
Matthias Rebellius
Jan Mrosik
Bernd Montag
CEO
CEO
CEO
CEO
CEO
Power and Gas
Power Generation
Services
Building Technologies
Digital Factory
Healthineers1
Markus Tacke
Ralf Christian
Jochen Eickholt
Jürgen Brandes
CEO
CEO
CEO
CEO
Siemens Gamesa Renewable
Energy1
Energy Management
Mobility
Process Industries
and Drives
Roland ChalonsBrowne
CEO
Financial Services
1 separately managed
© Siemens AG 2017
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Our business – Building Technologies
The Building Technologies Division is a leading
global provider of safe, energy-efficient and
environmentally friendly building and infrastructure
technologies.
As a technology partner, consultant, service
provider, systems integrator and supplier,
the Division offers solutions for fire safety, security,
building automation, heating, ventilation and air
conditioning (HVAC) as well as energy
management.
www.siemens.com/about/building-technologies
World leader for
building technologies
Orders in millions of €
Revenue in millions of €
Employees1
FY 2016
FY 2015
6,435
6,156
27,700
6,099
5,999
27,100
1 as of September 30, 2016
© Siemens AG 2017
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Our business – Digital Factory
The Digital Factory Division offers a comprehensive
portfolio of seamlessly integrated hardware,
software and technology-based services to support
manufacturing companies worldwide in enhancing
the flexibility and efficiency of their production
processes and in reducing the time to market of
their products.
The ultimate goal is the complete integration and
digital representation of the physical value chain.
The platform for this is called Digital Enterprise.
Helping the global
manufacturing industry go
digital as companies move
toward Industrie 4.0
www.siemens.com/about/digital-factory
Orders in millions of €
Revenue in millions of €
Employees1
FY 2016
FY 2015
10,332
10,172
45,000
10,036
9,988
43,500
1 as of September 30, 2016
© Siemens AG 2017
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Our business – Energy Management
The Energy Management Division is one of the
leading global suppliers of products, systems,
solutions and services for the economical, reliable
and intelligent transmission and distribution of
electrical power.
The Division’s portfolio ranges from systems for the
low-voltage and distribution power grid level to
smart grids and energy automation solutions to
power supplies for industrial plants and high-voltage
transmission systems.
www.siemens.com/about/energy-management
Partner for efficient power
infrastructure
Orders in millions of €
Revenue in millions of €
Employees1
FY 2016
FY 2015
12,963
11,940
52,400
12,956
11,922
52,400
1 as of September 30, 2016
© Siemens AG 2017
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Our business – Financial Services
The Financial Services Division helps enterprise
customers implement investment projects by
providing project-related and structured financing as
well as leasing and equipment financing.
The success of Financial Services is built on a
unique combination of risk competence,
technological expertise and reliable financial
resources. Through our international network of
SFS companies, we provide – subject to countryspecific legal requirements – a diverse range of
financial solutions.
www.siemens.com/about/financial-services
Financial solutions for
business customers
Orders in millions of €
Employees1
FY 2016
FY 2015
26,446
3,200
24,970
3,200
1 as of September 30, 2016
© Siemens AG 2017
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Our business – Mobility
The efficient, safe and environmentally friendly
transportation of people and goods by rail and road
– the Mobility Division bundles all of Siemens’
transportation-related products, solutions and
services.
Advanced networked and IT-based mobility
solutions and comprehensive knowhow are
increasing infrastructure availability, optimizing
route use and raising travel quality to new levels –
by rail, on the road, or across multiple modes of
transportation.
www.siemens.com/about/mobility
Transportation solutions
for the future
Orders in millions of €
Revenue in millions of €
Employees1
FY 2016
FY 2015
7,875
7,825
27,100
10,262
7,508
26,400
1 as of September 30, 2016
© Siemens AG 2017
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Our business – Power and Gas
The Power and Gas Division offers utilities,
independent power producers, engineering,
procurement and construction companies (EPCs),
and oil and gas customers a broad spectrum of
products and solutions for the environmentally
compatible and resource-saving generation of
power from fossil fuels and renewable sources
of energy and for the reliable transportation of oil
and gas.
www.siemens.com/about/power-gas
Leading in power
generation
Orders in millions of €
Revenue in millions of €
Employees1
FY 2016
FY 2015
19,454
16,471
48,700
15,742
13,418
50,300
1 as of September 30, 2016
© Siemens AG 2017
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Our business – Process Industries and Drives
With innovative, integrated technologies for the
entire lifecycle, the Process Industries and Drives
(PD) Division helps customers measurably increase
productivity, shorten time-to-market, and improve
the reliability, safety, and efficiency of products,
processes and plants.
All over the world, customers are benefiting from
future-proof automation, drive technology, industrial
software, and services based on best-in-class
technology platforms.
www.siemens.com/about/process-industries
Productivity, reliability, safety,
flexibility, efficiency
Orders in millions of €
Revenue in millions of €
Employees1
FY 2016
FY 2015
8,939
9,038
45,000
9,144
9,553
46,300
1 as of September 30, 2016
© Siemens AG 2017
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Our business – Siemens Healthineers
Siemens Healthineers1 enables healthcare
providers around the world to deliver high-quality
patient care.
As a leading global healthcare company, we’re
continuously developing our portfolio, expanding our
medical imaging and laboratory diagnostics
offerings and augmenting them with a growing
range of healthcare management, consulting and IT
services – such as advanced therapeutic solutions
and molecular in-vitro diagnostics.
www.siemens.com/about/healthineers
Next-generation
medical technology
Orders in millions of €
Revenue in millions of €
Employees2
1 separately managed
FY 2016
FY 2015
13,830
13,535
46,200
13,349
12,930
44,800
2 as of September 30, 2016
© Siemens AG 2017
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Our business – Siemens Gamesa Renewable Energy
Siemens Gamesa Renewable Energy1 is a leading
supplier of reliable, environmentally friendly, and
cost-efficient renewable energy solutions.
The wind turbines offered by Siemens Gamesa
Renewable Energy are a worthwhile investment
from both a financial and an environmental
perspective. Our wind power solutions deliver clean,
renewable energy from onshore and offshore
installations all over the world.
www.siemens.com/about/wind-power
World market leader in
offshore wind power
Orders in millions of €
Revenue in millions of €
Employees2
FY 20163
FY 20153
7,973
5,976
14,500
6,136
5,660
12,800
1 separately managed
2 as of September 30, 2016
3 figures based on the former Division Wind Power and Renewables
© Siemens AG 2017
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A strong partner all around the world – Germany
• Provided 500,000 jobs1
• Generated gross added value1 of €50 billion
• Invested €97 million per year in employees
Revenue2 in billions of €
Employees3
FY 2016
FY 2015
10.7
11.2
113,400
114,000
Beginning in 2020, DB Regio AG will
operate its Rhine Valley rail network with
39 regional trains supplied by Siemens.
The order comprises 15 Desiro HC and
24 Mireo trains. This is the first order for
vehicles based on the new articulated
Mireo regional train platform that was
recently premiered at Innotrans.
1 directly, indirectly and indexed 2 from customers in Germany
3 as of September 30, 2016; continuing operations
Siemens is building the EnBW Hohe
See offshore wind farm, which
comprises 71 seven-megawatt wind
turbines. The turbines are being
manufactured at Siemens’ new nacelle
plant in Cuxhaven. The wind farm,
which will begin operation in 2019, will
generate 497 megawatts of electricity
for 560,000 households.
In March, the cornerstone was
laid for the service and
maintenance depot being built for
Rhine Ruhr Express (RRX) trains
in Dortmund. Test operations will
begin at the depot in 2018. The
facility will be the service and
maintenance center for all 82
RRX trains for the next 32 years.
© Siemens AG 2017
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A strong partner all around the world –
Europe,1 CIS,2 Africa, Middle East
Siemens is supplying electrical equipment for
Africa’s first automated container terminal.
Located in Tangier (Morocco), the terminal will
be able to accommodate container ships that
have a capacity of up to 20,000 twenty-foot
equivalent units (TEUs). The order includes
electrical and automation systems as well as
32 automated stacking cranes.
• More than 20% of all industrial processes in South
Africa operate using control systems from Siemens
• Over the past ten years, Siemens has invested
nearly €1 billion in Russia
Revenue3 in billions of €
Employees4
FY 2016
FY 2015
31.1
27.6
102,300
98,800
3 from customers in Europe (excluding Germany), CIS, Africa, Middle East
4 as of September 30, 2016; continuing operations
Copyright: APMT
Siemens is building a link
between the French and British
power grids. When
commissioned at the beginning
of 2020, the ElecLink will be 51
kilometers long. Located in the
Channel Tunnel, it will increase
power transmission capacity by
50 percent.
The world's first battery-powered
fish farming boat is now in
operation in Norway. Siemens
supported local shipbuilder Ørnli
Slipp by developing and
supplying the boat’s complete
electrical propulsion and control
systems.
1 excluding Germany 2 Commonwealth of Independent States
© Siemens AG 2017
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A strong partner all around the world – The Americas
• 50% of Brazil’s electricity is generated by Siemens
systems
• Over the past 15 years, Siemens has invested about
$35 billion in the U.S.
FY 2016
FY 2015
22.7
21.7
72,600
73,500
Revenue1 in billions of €
Employees2
1 from customers in the Americas
2 as of September 30, 2016; continuing operations
Siemens hosted Innovation Day 2017
in Princeton, New Jersey, on March
27. The event showcased the
company’s latest innovations and
projects – and their applications.
Experts also discussed trends such as
artificial intelligence and autonomous
systems.
Siemens is supplying a total of 12 gas
turbines for four industrial power plants in
Argentina on a turnkey basis. Six industrial
Trent 60 turbines are being installed at two
plants in the Buenos Aires area. The
remaining six turbines are being installed at
plants in San Pedro and Zarate. The 12
turbines will generate a total of 690
megawatts of electricity.
Siemens is modernizing four
drive systems at ore mills
belonging to Chilean mining
company Compañía Minera
Doña Inés de Collahuasi SCM.
The new systems will boost the
mills’ reliability and greatly
increase their throughput.
Copyright: “Presidencia de la Nacion” (Argentina)
© Siemens AG 2017
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A strong partner all around the world – Asia, Australia
• 30% of China’s energy is generated by Siemens
systems
• Siemens has manufacturing operations at
22 locations in India
FY 2016
FY 2015
15.1
15.1
62,700
61,500
Revenue1 in billions of €
Employees2
The Indian utility Power Grid Corporation of
India Ltd. has commissioned Siemens to
supply three large reactive power
compensation systems of the SVC Classic
series. Two of the three systems began
operation at the end of 2016 in order to
meet the growing demand for electrical
power and improve grid stability.
1 from customers in Asia, Australia
2 as of September 30, 2016; continuing operations
Siemens and Sumitomo Electric have
received an order to supply an HVDC link
in South India. The link, which will be
about 200 kilometers long, will be India’s
first DC link to feature voltage-sourced
converter (VSC) technology. VSC, which is
the latest innovation in HVDC technology,
offers very stable and highly flexible
reactive power control.
Siemens has been
commissioned to supply a gas
turbine and generator for the
Sirajganj III combined cycle
power plant in Bangladesh.
Financial Services (SFS) is
supporting the project with a
construction loan of up to USD80
million.
© Siemens AG 2017
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Contact
Siemens AG
CC TL SP
Wittelsbacherplatz 2
80333 Munich
Germany
siemens.com
[email protected]
For further information:
siemens.com/about
siemens.com/press
siemens.com/investors
siemens.com/innovations
siemens.com/careers
© Siemens AG 2017
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May 2017
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